📉 $RIVER / USDT — SHORT SETUP
Market is weak and momentum is clearly bearish. Despite strong fundamentals long-term, price action right now favors sellers.
🔻 Trade Idea: SHORT • Entry zone: 36.5 – 38.0
• Stop Loss: 40.2
• TP1: 34.8
• TP2: 32.6
• TP3: 29.9
🧠 Reasoning: • Strong rejection after funding news (sell the news)
• Overall crypto market under pressure
• High volume distribution on lower timeframes
• Breakdown below key support → continuation likely
📌 This is a short-term momentum trade, not a long-term bias.
Risk management is key ⚠️
Perp
📉 -17.96%
